Trained Tested and True

The IICPA International Institute of Certified Public Accountants was founded in 2003 as an educational forum with a set of forward looking dynamic superimposed GAAP disseminating information to professionals, educators and students. IICPA SuperGAAP is trademarked. The IICPA has published a range of accounting, banking and money books, and is involved in the discussions surrounding banking reforms in Europe and the United States. Substantially all of the activities are for the benefit of professional accountants worldwide in discharging their duty to the public, and no part of the net earnings, if any, inures to the benefit of any private shareholder within thee meaning of IRC section 501(c)(7).

Contact by email — [CC à IICPA.com]


Certified ControllerTM Program

Trained and tested financial controllers are in high demand. The CC Certified ControllerTM. and CFC Certified Financial Controller programs were started to answer the calls of commerce and industry for individuals who are, of course, academically and professionally trained and tested to have the competency to run the accounting, finance and regulatory compliance functions typically filled by corporate financial controllers in a fast moving multinational environment, but, more importantly, who are also capable to fill the forward looking role of strategic business partner of the enterprise.

The IICPA's Certified ControllerTM (CC) is an entry certification that can be earned in the final year of study for a bachelor's degree in business majoring in accounting and/or finance. The CC Certificate is normally issued upon proof of two years' of work exeperience in any one of the 12 subject areas, but including a minimum of one year in a supervisory or management or strategic planning function in accounting, corporate finance, commercial banking (preferably commercial credit), external and/or internal auditing, or internal control. Exemptions to the 2-year work experience requirement may apply.

Certified ControllerTM (CC) course uses the text of the IICPA Publication's The Certified Controller's Study Guide available online from IICPA Publications. This Study Guide is a complete resource from which normally all of the technical questions and problems of the UFE are taken. IICPA Publications offers an educator and student discount of 20%, if ordered from the IICPA's eBook store. The CC course and examination covers the following subject areas: —

[Try this in-class practice — Quiz]
  • Financial Accounting and Reporting
  • Management Accounting
  • Corporate Finance
  • Commercial Banking
  • Merchant or Investment Banking
  • Financial Markets
  • Macroeconomics
  • Microeconomics
  • Commercial Law
  • External Auditing
  • Internal Auditing
  • Internal Control
Uniform Final Certified Controller Examination (UFE)

The UFE tests the candidates' knowledge and problem solving skills from all of the above subject areas.
    The major emphasis of testing is on

  • Financial Accounting and Reporting
  • Management Accounting
  • Corporate Finance
  • Internal Auditing
  • Internal Control.
  • Minor emphasis of testing is on

  • Commercial Banking
  • Merchant or Investment Banking
  • Financial Markets
  • Macro- and Microeconomics
  • Commercial or Business Law
  • External Auditing

Candidates prove their writing skills by completing a short essay from a list of topics, for example, "Causes of the Global Financial Crisis," "The Financial Controller's Role as a Business Partner of the Enterprise," "Notions in Support of Capital Adequacy Requirements for Monetary Financial Institutions," or "Thoughts on the Use of Shared Services and Outsourcing."

Duration of the UFE and Fee

The CC course is offered by business schools and departments of participating colleges and universities who administer the UFE. The CC course is NOT designed for individual study at this time (unless offered by way of online or distance learning by participating teaching colleges or universities).

 

Last updated 2016-05-02